Talwar Thakore Associates (TTA) former competition head and executive chairman Vinod Dhall, whose collaboration relationship we had reported on Tuesday to have ended, has resurfaced quickly and joined Platinum Partners with the “senior advisor” tag, Bar & Bench has reported.

“Procter & Gamble has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros ($4.2 billion), giving it vitamin brands such as Seven Seas and greater exposure to Latin American and Asian markets,” reported CNBC. The transaction involved the acquisition of Merck Limited, a listed Indian company, through Procter & Gamble Overseas India B.V, including 3,300 Merck employees. A mandatory tender offer to minority shareholders will be made for the Indian entity.

International private equity firm Advent International bought a controlling stake in Manjushree Technopack, India’s largest PET manufacturer, from its existing shareholders including Kedaara Capital and promoters for around Rs 2,400 crores, according to reports . Khaitan & Co advised Advent Int...

French outsourcing firm Teleperformance has bought business process solutions company Intelenet for $1bn from Blackstone, in a transaction that had been announced in June, according to reports . Platinum Partners acted as Indian counsel for Mumbai-headquartered Intelenet , which had been founded in ...

“Safecrop Holdings Pvt Ltd, a consortium of investors, including WestBridge AIF, Rakesh Jhunjhunwala and Madison Capital, has signed a definitive agreement with the shareholders of Chennai-based Star Health & Allied Insurance Company Ltd to acquire their shares. While the company and investors ...

“UPL Corporation Ltd, a wholly owned subsidiary of agrochemical solutions provider UPL Ltd, has signed a definitive agreement with Platform Specialty Products Corporation to acquire Arysta LifeScience Inc, a global provider of innovative crop protection solutions, and its subsidiaries for approximat...

Corporate associate Sunandan Majumdar has been promoted to salaried partnership in Platinum Partners’ Mumbai office, effective 1 April 2018. specialises in corporate M&A and is a 2008 graduate of NUJS Kolkata.

Chinese internet conglomerate Tencent has invested $115m in Indian music streaming service Gaana, which is owned and was started by Times Internet. Times Internet in-house counsel Parul Sabharwal instructed Shardul Amarchand Mangaldas partner Amit Khansaheb , principal associate Nikhil Sachdeva , se...

WPP-owned global media investment group, GroupM, has entered into an agreement to acquire a majority stake in the digitally-led creative agency, The Glitch, for an undisclosed sum, expanding into the technology driven communications market in India, reported Mint and The Economic Times . Post the ac...

Nihar Mody, the co-founding partner of Platinum Partners and head of the Mumbai office, has retired at age 51 last week.

Platinum Partners Mumbai partner Gautam Bhat with associate Abhik Ghosh and associate Ushma Marwah, and Sidley Austin led by partner Manoj Bhargava, of counsel Vivek Baid, and associate Rishabh Gupta, advised Essar on the sale of its BPO subsidiary Aegis to Capital Square partners.

Vinod Dhall in collaboration with Talwar Thakore & Associates (TT&A) advised French drugmaker Sanofi on getting Competition Commission of India (CCI) approval for its $25bn asset swap deal with Germany-based Boehringer Ingelheim which was advised by Platinum Partners.

“India has a new tech unicorn. Hike, a four-year-old messaging app, today announced that it has closed $175 million in funding led by new investors Chinese internet giant Tencent and manufacturing firm Foxconn. The Series D round values the company at $1.4 billion, founder and CEO Kavin Bharti Mittal confirmed to TechCrunch,” reported Techcrunch.

CX Partners (a PE firm focused on the Indian mid-market) and Capital Square Partners sold for $420m its stake in Minacs to Concentrix Global Holdings Inc., a subsidiary of Synnex Corporation, as reported by the Economic Times as one of the largest in the business process outsourcing (BPO) sector, and Concentrix’ second largest deal.

Khaitan & Co advised US procurement intelligence and analytics firm Beroe’s Indian arm on raising $10m from private equity firm Access Asset Managers which was advised by Platinum Partners. Khaitan associate partner Vineet Shingal, senior associate Kinshuk Jhunjhunwala and associate Shreya Dua ...

Shardul Amarchand Mangaldas and Simpson Thacher & Bartlett advised Blackstone on its $1.1bn (Rs 7071 crore) buy of Indian IT outsourcing services provider Mphasis from Hewlett Packard (HP) which was advised by Platinum Partners and Freshfields, as first reported by Bar & Bench , and confir...

Advaya Legal advised French multinational logistics provider FM Logistic on buying a majority stake in Pune-based Spear Logistics, which was advised by Platinum Partners, from existing shareholder Ambit Pragma which was advised by Economic Laws Practice. Advaya partner Sharanya G Ranga and senior as...

Clove Legal advised the promoters of Ahmedabad-based Teleysia Networks on selling a controlling stake in it to private equity firm Access Asset Managers which was advised by Platinum Partners. Clove co-founding partners Dharmesh Kotadia and Amit Sirsikar and associate Nupur Rustagi acted for the pro...

Nishith Desai Associates (NDA) advised Broadcast Audience Research Council (BARC) on its meter management joint venture with Tam Media Research which is itself a joint venture between Kantar Media Research and Nielsen. Kantar was advised by Platinum Partners and Nielsen was advised by J Sagar Associ...

Desai & Diwanji advised the Bector Family and Motilal Oswal Private Equity on their Rs 450 crore ($67.5m) exit from Ludhiana based food and beverage company Mrs Bectors Food Specialities, after selling their minority stake in it. Private equity firms CX Partners, advised by Platinum Partners, a...